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Nov 18, 2012
11/12
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FOXNEWS
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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Nov 12, 2012
11/12
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FBC
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speaker boehner challenging president obama to lead us. his first comments on the economy sense reelection, he ems emboldened by his reelection. with more on this, chris stirewalt. it is great to have you here. i want to start by talking about what the president had to say today. he seemed pretty firm on what he said so far about what we need to do with taxes in this country. here is the president. >> i am open to compromise. i am open to new ideas. i am committed to solving our fiscal challenges. but i refuse to accept any approach that is not balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000 are not asked to pay a dime more in taxes. [applause] gerri: chris, jay carney comes out a few minutes later and he says, well, the president says he will raise taxes on wealthy. so where is the compromise? >> the hope is that the compromise lies in a broader reform. but as you know, this comes down to chime in. you have the fiscal cliff. what democ
speaker boehner challenging president obama to lead us. his first comments on the economy sense reelection, he ems emboldened by his reelection. with more on this, chris stirewalt. it is great to have you here. i want to start by talking about what the president had to say today. he seemed pretty firm on what he said so far about what we need to do with taxes in this country. here is the president. >> i am open to compromise. i am open to new ideas. i am committed to solving our fiscal...
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Nov 16, 2012
11/12
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FOXNEWSW
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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Nov 15, 2012
11/12
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CSPAN
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and a year later, to his great credit, speaker boehner had pushed at the urging of many of us and invited prime minister netanyahu and gave the best speech here in congress. it helps when a nation's enemy sees an ally siding with them. on the other hand, when a nation's enemy sees a strong ally, the united states, turning on an ally as this administration had with president mubarak and people wanting to see israel gone from the map, take power. it encourages israel's enemies. this administration also had relations with gaddafi. he had blood on his hands from prior years. not a good man. but he had opened up his country, aban dopped any nuclear weapons pursuits -- abandoned any nuclear weapons pursuits and became an ally. i have seen individual family members of gaddafi here in washington to meet with administration officials and lo and be hold, year and a half or so ago, this administration sides with the enemies and at the time, we knew al qaeda was contained within the revolt and we sided with the al qaeda-backed revolt to drive out gaddafi. that appears to have inspired the violence in
and a year later, to his great credit, speaker boehner had pushed at the urging of many of us and invited prime minister netanyahu and gave the best speech here in congress. it helps when a nation's enemy sees an ally siding with them. on the other hand, when a nation's enemy sees a strong ally, the united states, turning on an ally as this administration had with president mubarak and people wanting to see israel gone from the map, take power. it encourages israel's enemies. this...
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Nov 13, 2012
11/12
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CSPAN2
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senator shyman and grahm coming together, and boehner used the term "comprehensive immigration reform," and so the prospects are better than they were certainly before the election, and they look better than they had. with regards to mexico, i personally don't think there's any issue that is more important for the quality of the relationship at this point. it's one of those issues that is behind sens, whatever issue one's talking about, you know, for many in mexico, not just u.s. immigration policy annoying and irritating, but offensive, the fence, the walling in, the way imgrants, largely mexican communities are talked about, and this would, if there is a policy shift in any major way, i think, would have an important impact. more as important, however, i think if one looks at the immigration issue, and i'm not going to go into details now, but it's also an economic issue. i mean, immigration and manuel will probably talk a little about that as well, but in other words, just the fact is that if you can bring 6 million mexicans out of the shadows and pried some legal status to them, t
senator shyman and grahm coming together, and boehner used the term "comprehensive immigration reform," and so the prospects are better than they were certainly before the election, and they look better than they had. with regards to mexico, i personally don't think there's any issue that is more important for the quality of the relationship at this point. it's one of those issues that is behind sens, whatever issue one's talking about, you know, for many in mexico, not just u.s....
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Nov 16, 2012
11/12
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CNBC
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what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these bounces. >> what a significant pop seeing in the stock market, guys. throw up the dow industrials on an intraday. in fact, throw up all three intraday charts because you're going to see quite a dramatic reversal. the dow industrials up 48 points. highs of the day, again, down 50 to 60 points or so as the wraps wrapping up and positive comments of the leaders in the room with the president today. unless you have a rally on wall street and let's get to washington to the north lawn of the white house where john harwood is. this seemed to go as well as one could hope thus far, at least. >> reporter: i thin
what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these...
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Nov 14, 2012
11/12
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if you listen closely to what speaker boehner said, he also left the door open a little bit. can they get this all done in the lame-duck session? no, they cannot. can they get a little bit done what they can get the broader tax reform and spending controls done in a way that gives confidence to the ceos in this room? yes, they can do that. but the question is will they do it. >> so if you could give him one -- he did the president on the phone for two minutes and give them one piece of advice on what he has to do to get this deal done -- what would be? >> boy, i don't know. that's a tough question. i think i would tell him that he needs to spend more time with the leadership on both sides of the congress. and each open up the white house and invite more of the members of both houses and. a little bit more getting to know each other. that is not his nature. he is really introverted, to be quite frank. but he needs to reach out and
if you listen closely to what speaker boehner said, he also left the door open a little bit. can they get this all done in the lame-duck session? no, they cannot. can they get a little bit done what they can get the broader tax reform and spending controls done in a way that gives confidence to the ceos in this room? yes, they can do that. but the question is will they do it. >> so if you could give him one -- he did the president on the phone for two minutes and give them one piece of...
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Nov 20, 2012
11/12
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FOXNEWSW
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what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty for businesses and individuals. the "wall street journal" had a report out yesterday saying there is so much uncertainty we could slip into another recession over this fiscal cliff. let's hope they can do their jobs for once. bill: you go find beckel, will you? >> it's not my turn to baby sit. we'll find him by 5:00. bill: it takes four you to baby sit him. to our viewers, have you got a question in e-mail us or on twitter @bill hemmer. this is coming up. we have dozens of house republicans formally opposing susan rice's nomination as secretary of
what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty...
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Nov 17, 2012
11/12
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FOXNEWS
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there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those are the demands from the republican side. >> heather: what about spending cuts in terms of democrats? >> there is another hard issue. democrats are going to try to hold as much on spending cuts, but they know that the cuts have to be part of the deal. you can't get republicans along were anything unless there is something on that side. how far are democrats willing to go? on spending cuts and overhauling entitlement reform which is the main driver of the nation's debt. you may see a deal where there is tax increase if democrats are willing to go much further on entitlement reform and spending cut
there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those...
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Nov 16, 2012
11/12
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FOXNEWSW
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we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >>neil: a sex scandal ended this man's career, and how much could it affect this man's career, saying that c.i.a. new from day one benghazi attack was terrorism and the white house said otherwise. the ball is in the president's court the next move could make. >> the differe
we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪...
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Nov 13, 2012
11/12
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FBC
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to be speaker boehner, a lot of publicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving onssues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the position he is in. but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary revenue t
to be speaker boehner, a lot of publicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving onssues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the...
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Nov 15, 2012
11/12
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CNBC
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and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during the recovery than they did during the preceding recession. 4.8% down versus 2.7% down. unemployment is higher now than when the president first took office. what's made people feel good is a rising stock market. they felt wealthier. now with all these big tax increases coming on on capital gains and dividends, people don't feel that anymore. the significance of this poll, larry, is it's the first poll taken after the election. and the rhetoric has been very strong, also from harry reid. remember, when it looked like romney might win, he said there's going to be in reaching across the
and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during...
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Nov 19, 2012
11/12
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MSNBCW
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you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right place. the two things i keep thinking about is the business community, i think, what steve says is exactly right. it seems like from the outside, what they want more than anything is certainty. it's not just moment to moment. it's minute to minute. it's crisis to crisis. and that is an atmosphere that's not conclusive towards optimal economic activity. this notion of trying to get to long-term stability but not having short-term austerity measures would be too depressed on consumer activity seems like where we need to end up and a lot of pressure from republicans to the
you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right...
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Nov 17, 2012
11/12
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MSNBCW
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it o off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. t. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna tra
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 20, 2012
11/12
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FBC
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people did not put john boehner into office to equivocate and become a democrat like. tom: you're her the republican party has to change. >> mitt romney moves to the middle on a lot of issues and it got him a lost election. at the end of the day there are issues. there are things that are right and there are things that are wrong. president obama's tax hikes would need to crucify small businesses in this country like along with obamacare, it is a crushing blow to the ethereal spirit and the bottom line. you already see businesses maneuver and they are not going to hire more than 25 employees or work over 30 hours and this tax hike on over people who make under $50,000, the majority of those are small businesses. by the way, this is a big old news flash. 2%. 2.1% of the population makes 250. come on. tom: it is the same answer the president has given before. a lot of surveys lately, we understand, it won't fix the deficit. you think it is going to? no, but what is it for? it is because of fairness. >> that is what i want people to understand the president obama does not
people did not put john boehner into office to equivocate and become a democrat like. tom: you're her the republican party has to change. >> mitt romney moves to the middle on a lot of issues and it got him a lost election. at the end of the day there are issues. there are things that are right and there are things that are wrong. president obama's tax hikes would need to crucify small businesses in this country like along with obamacare, it is a crushing blow to the ethereal spirit and...
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Nov 16, 2012
11/12
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i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our hand at the table. but the public still has to continue to be engaged. public sentiment is everything. and in the past, for example, the republicans in the house were the odd people out on the -- on some of the tax bill. one of the tax -- you know, deduction. and then also on the transportation bill. and so when the president went public on those, then they finally came around. but they're not going to come around just by persuasion sitting across the table, i do not believe. >> they are not going to come around just by persuasion in washington. nancy pelosi essentially calling for
i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our...
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Nov 12, 2012
11/12
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MSNBCW
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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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Nov 12, 2012
11/12
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CSPAN2
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i think boehner has been very clear. i think revenues are on the table. they are at the moment drawing a line on tax rates, but we will see where that goes. the last time, you are right, didn't work and we were not facing quite the same set of circumstances we are facing today so i'm cautiously optimistic although i will offer to say lastly that people sometimes say okay, it looks like simpson-bowles, everything in between zero and $4 trillion we could end up with all kinds of outcomes that may be less than i would like and maybe less than all of you would like but at least something. i'm hoping it is more over here but i don't know. >> and steve, so we are gathered here to talk about u.s. global competitiveness. how important is resolving these issues to the american position on the global economy? >> first of all i think it's important not just our position in the global comment about our position in the world. admiral mullen who was the previous chairman of the joint chiefs of staff said our greatest national security threat was our fiscal position and
i think boehner has been very clear. i think revenues are on the table. they are at the moment drawing a line on tax rates, but we will see where that goes. the last time, you are right, didn't work and we were not facing quite the same set of circumstances we are facing today so i'm cautiously optimistic although i will offer to say lastly that people sometimes say okay, it looks like simpson-bowles, everything in between zero and $4 trillion we could end up with all kinds of outcomes that may...
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Nov 14, 2012
11/12
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 16, 2012
11/12
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MSNBC
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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Nov 13, 2012
11/12
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CNBC
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there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform. >> you want to grant design. that's very -- interesting point of view. >> doesn't have to be grand. we play to take two bites at it, debt ceiling coming up which i think, by the way, debt ceiling is the more important day personally than the fiscal cliff issue because we are not fiscal cliff is not going to happen. okay. simply is not going to happen. so -- to me, the focus ought to be on solvency and if we can deal with that and take a big step out of that, big step towards solving that, during this december, i agree with you. i think the
there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform....
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Nov 17, 2012
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boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new willingness to accept a more balanced approach? >> i'm very much encouraged by it. that is what made it impossible for us to even have discussions at all up until the election results came in. as you know, president obama ran on a very explicit platform of restoring the clinton area tax rates for folks above $250,000. romney explicitly ran against that. exit polls showed half the folks who voted for romney in fact supported the obama position on taxes. the other thing that's important to keep in mind, we -- our congress actually has made a trillion and a half dollars
boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new...
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Nov 15, 2012
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can boehner get there if that's the case? >> if you look at eliminations of deductions, exemptions, credits, it doesn't get to you where we need to comply with the budget control act so the fact that we are examining an opportunity to perhaps look at either on higher income earners, whether it's $1 million or higher as opposed to marrying ourselves to 250 is a step in the right direction. i think the fact that there is discussion on this front initiated by the speaker and behind closed doors we'll get in detail. for the first time we're close and why throw away the opportunity. >> can i just mention how many jokes joe would have made about being behind closeds doors and consummating and that whole thing and that's why joe needs to be on the show and he's not. i'm doing a poor job that he would have made seven or eight jokes would have been made. let me just ask jared, the 39.6 in my mind seems like it is a bottom line, a starting point an an end point for the president. can you envision a deal being done on the fiscal cliff t
can boehner get there if that's the case? >> if you look at eliminations of deductions, exemptions, credits, it doesn't get to you where we need to comply with the budget control act so the fact that we are examining an opportunity to perhaps look at either on higher income earners, whether it's $1 million or higher as opposed to marrying ourselves to 250 is a step in the right direction. i think the fact that there is discussion on this front initiated by the speaker and behind closed...
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boehner are accurate, the dems are moving away from that. the president and the democrats seem to be moving away from that. why do you think that is, and is this important? >> let's assume for a second the president is right and we need $1.5 trillion of revenue. now, i think there's a better way to get there and a different way to get there. the president, you know, i think is open to some of these ideas. but if we're going to have $1.5 trillion worth of revenue, we need about $3.5 trillion worth of real spending cuts. that would come from defense. it would come from entitlement programs. it would come from the other mandatory programs. that's what makes the most sense to take it from because those are the areas that are really growing at an accelerated rate, faster than the rate of growth of health care. i think that's doable. i think we can find the votes to do that because i think the american people are way ahead of the politicians. they realize we got a real problem in this country and we got to fix it. >> what do you think, senator? i
boehner are accurate, the dems are moving away from that. the president and the democrats seem to be moving away from that. why do you think that is, and is this important? >> let's assume for a second the president is right and we need $1.5 trillion of revenue. now, i think there's a better way to get there and a different way to get there. the president, you know, i think is open to some of these ideas. but if we're going to have $1.5 trillion worth of revenue, we need about $3.5...
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Nov 16, 2012
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john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each other. this is not something we will wait until the last day of december to get it done. rich: they met for a little longer than an hour here at the white house. much of the talk was positive. there really is not anything close to specifics right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different b
john boehner did offer framework. the framework would have tax and entitlement targets, revenue targets, spending targets, that this year in the next couple months. congress would work out the details in 2013. both leaders from both parties and both houses say it is time to get to work. >> we will continue to have revenue on the table. we are serious. we are serious about cutting spending and solving our fiscal problems. >> we will do it now. we feel very comfortable with each...
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Nov 16, 2012
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 16, 2012
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>> yeah, from boehner i am. the president has now painted himself -- painted those guys in to -- how many times has he drawn a line in the sand about that high right on 250. he's made a point and he can't possibly go back on that now, can he? >> i think he can. look, i think he's drawing a line on getting money from those people, there people making 250 and above. but he hasn't drawn a line on how he gets that money. he's said at his news conference i'm skeptical that you can do enough in loopholes and exclusions to get the money that we need for a deal from that group. but he also said i'm open to new ideas. so if there is in fact an effort to close some loopholes that gets you some of the way there, you can certainly see the president, i could anyway, compromising somewhere between 35 and 39.6 on a slightly higher rate. if shall be caomebody came up w source of revenue which didn't change the distribution of the tax burden, figure out a way to do it without a top rate. i kind of expect what's going to happen i
>> yeah, from boehner i am. the president has now painted himself -- painted those guys in to -- how many times has he drawn a line in the sand about that high right on 250. he's made a point and he can't possibly go back on that now, can he? >> i think he can. look, i think he's drawing a line on getting money from those people, there people making 250 and above. but he hasn't drawn a line on how he gets that money. he's said at his news conference i'm skeptical that you can do...
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Nov 13, 2012
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host: "the baltimore sun" has a story, "boehner ways next moves." this is from "the wall street journal." "post office hint of gop path." host: "she fit a profile." so, more on leadership, which both sides will be voting for this week when they return to washington on who will be their leaders. so, we will continue to watch that story for u.s. well. part of the mix to avoid the fiscal cliff is these jobless benefits. that is the headline in the politics and policy section of "the washington post." "over 2 million americans could lose their jobless benefits before the end of the year." host: susan, michigan, what do you think? should we cut medicare and social security? caller: absolutely not. absolutely not. host: why not? caller: i am a woman who has finally reached the age of social security. all the years the work, this money was taken out of my paycheck. i was told from a very young age that when i reached a fine age of the period where you retire and you can get social security, that all the money that i paid in would be refunded to me. this mo
host: "the baltimore sun" has a story, "boehner ways next moves." this is from "the wall street journal." "post office hint of gop path." host: "she fit a profile." so, more on leadership, which both sides will be voting for this week when they return to washington on who will be their leaders. so, we will continue to watch that story for u.s. well. part of the mix to avoid the fiscal cliff is these jobless benefits. that is the headline in the...
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Nov 17, 2012
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so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the testimony of former cia director general david petraeus as he appeared this week, yesterday. with regard to the testimony he talked about the benghazi attack. the answers he gave did not seem so sit well with the gop. but each side spinning exactly what he said to suit their interpretations. should the gop, though, lay to rest all of their complaints at this point? reid, you first. >> i don't think they're going to lay anything to rest. >> but should they based on what he said? this is the guy who was in charge. >> and i think that there are probably more things that peter king and the repub
so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the...
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Nov 14, 2012
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does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase revenues is by having rising incomes. you don't get that by higher taxes on a weakening economy. bill: the president plans to open the talks using his most recent budget proposal. wasn't that the budget that got zero votes in the senate? >> he's going to exploit it for all it's worth. you could come to an agreement using bowles and simpson and reducing rates so everyone declares victory. you have got more revenue but the rates don't go up. but i don't think the president is interested in that. if you had normal people doing this. this president web ma
does john boehner have the votes to match that? >> the white house figures he will portray himself as the chapel yofnt middle class and the republicans are going out for the rift and he feels he can largely beat hem into submission. when they sit down to the bargaining table they might make some changes but he will want to come out of these negotiations as having largely won them and leaving scraps for the republicans. what the republicans have to hit back with is the way you increase...